Page 28 - 期货和衍生品行业监管动态（2025年4月）

期货和衍生品行业监管动态

The peer review measures the effectiveness of NCA supervisory practices in

assessing CCP compliance with the European Market Infrastructure Regulation

(EMIR) requirements on outsourcing and intragroup governance arrangements. For

this exercise, the review of the functioning of CCP colleges remains overall positive.

The NCAs participating in the current peer review have overall met the

supervisory expectations in relation to the supervision of CCP’s outsourcing and

intragroup governance arrangements.

In particular, the NCAs consistently assessed the CCPs’ ongoing compliance of

outsourcing and intragroup governance arrangements with the respective regulatory

requirements in EMIR. In the cases where NCAs met supervisory expectationsonly

partially, ESMA has issued recommendations to address the shortcomings identified.

The peer review has also identified the need to promote further supervisory

convergence in respect of the definition of major activities linked to risk

management.

Next steps

ESMA will follow up on the implementation of the recommendations made to

NCAs and work to identify, where relevant, the most appropriate tools to further
enhance supervisory convergence on the identification of major activities linked to

risk management.

https://www.esma.europa.eu/press-news/esma-news/esma-publishes-annual-peer-revie

w-eu-ccp-supervision-2

10. 欧盟证券与市场管理局就《欧盟金融工具市场条例》审查下的衍生品透明度

要求公开征求意见（2025 年 4 月 3 日）

欧盟证券与市场管理局（ESMA，欧盟证券市场的监管者）现就衍生品透明

14